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Al Jazeera America
Dec 3, 2013 5:00pm EST
secretary for employment standards administration at the u.s. department of labor for president george w. bush. he now heads applied economic strategy. so heidi, we saw niya pots. if that d.c. minimum wage raise was to go through. she's looking at an extra $26 per shift. where does that money come from? >> that money will come--aside from just coming from the employer? what we know is that what the evidence shows is it's not going to come from her coworkers getting laid off. the evidence--this is one of the most researched things in labor economics on what is the impact of minimum wage increases and what the weight of that evidence shows is that we're not going to see a big layoff of her coworkers. her pay is not going to be coming from coworkers who lost their jobs. one of the places that her pa additional pay is going to be coming from is that there is going to be reduced turnover that her employers will have to face. increased in minimum wage lead to reduced turnover of workers. that saves companies. because hiring and fire something very expensive. reathey'll recoop some of that t fr
Search Results 0 to 1 of about 2 (some duplicates have been removed)